A Step-by-Step-Guide on how to buy XCoinPay (DYX)
Step 1 – Signup to Kraken You'll first need to purchase units of the top-tier currencies. Exchanges usually accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below to register and to get Funds.
Step 2 – Transfer Your Funds to an Cryptocurrency Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Cryptocurrency Exchange now. All exchanges have a deposit form that is identical. XCoinPay (DYX) is obtainable on Binance, so we will use that as an example. Not sure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Follow this how-to) Make sure you've selected the exact coin you want to deposit. BTC must be sent to a BTC deposit address, ETH to an ETH deposit address, etc. In the case you're using a decentralized exchange, such as Airswap or DDEX could be different (Follow our manual).
Step 3 – Find XCoinPay (DYX) Once your deposit has been verified, you'll now have access to your assets and you can launch buying and trading. To purchase XCoinPay (DYX) on Binance, you'll want to go to the ”Exchange” tab and after that click on “Basic”. To find XCoinPay (DYX), you'll need to put the shortname of the coin (DYX) into the search box, which is highlighted in the picture. Be certain of having choosen the correct pairing, we've highlighted this also. Click on “DYX/BTC” to proceed.
Step 4 – Purchasing XCoinPay (DYX) After you've discovered XCoinPay (DYX), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (on the Left of the picture). And now we're creating our Limit Order. The field with the “Price” tag will be automatically filled with the most up-to-date price XCoinPay (DYX) was traded for. You can change this to your preferred rate. The field with the “Amount” tag is the volumen of DYX you like to buy. The ”Total” field is the aggregated price in BTC that you will settle for the whole volumen of DYX. If you're satisfied, make a mouse click on “Buy DYX”. Your order will be filled when a Vendor trades their DYX for the price you gave.
Step 5 – Withdraw XCoinPay (DYX) Unless you're regularly trading, never keep your coins on an Crypto Trader for an extensive time period. To take off your XCoinPay (DYX), hover over the tab called “Funds” and click on “Withdraw”. XCoinPay (DYX) can be safely stored using a Wallet, for instance MyEtherWallet. (MyEtherWallet Setup Guide) Find XCoinPay (DYX) by using the provided drop-down box. Drop in the quantity of XCoinPay (DYX) you'd wish to take off. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address. When you're glad, make a mouse click on “Submit”. You could be requested for verfication via email/phone ahead of a take off.